Archive for January 2013

Has the water entered my ship?

January 6, 2013
In 1923, nine of the wealthiest people in the world met at Chicago’s
Edgewater Beach Hotel. Their combined wealth, it is estimated,
exceeded the wealth of the Government of the United States at that

These men certainly knew how to make a living and accumulate wealth.
Attending the meeting were the following men:

1. The President of the largest steel company,
2. The President of the largest utility company,
3. The President of the largest gas company,
4. The President of the New York Stock Exchange,
5. The President of the Bank of International Settlements,
6. The greatest wheat speculator,
7. The greatest bear on Wall Street,
8. A member of President Harding’s cabinet.
9. The head of the World’s greatest monopoly

That’s a pretty impressive line-up of people by anyone’s yardstick

  Yet, let’s examine what happened to them 25 years later:

1. The President of the then largest steel company (Bethlehem Steel
Corp), Charles M Schwab, lived on borrowed capital for five years
before he died bankrupt.

2. The President of the largest utility company, Samuel Insull, died penniless!

3. The President of the then largest gas company, Howard Hubson, went insane.

4. The then President of the New York Stock Exchange, Richard Whitney,
was sent to jail.

5. The President of the Bank of International Settlement, Leon Fraser,
committed suicide.

6. One of the greatest commodity traders (Wheat Speculator) , Arthur
Cutten, died insolvent.

7. The greatest “bear” on Wall Street, Jesse Livermore committed suicide.

8. The member of the US President’s Cabinet (the member of President
Harding’s cabinet), Albert Fall, was pardoned from jail just to be
able to go home and die in peace.

9. The President of the then world’s greatest monopoly, Ivar Krueger,
committed suicide.

What they forgot was how to “make” life while they got busy making
money! Money in itself is not evil. It is only a medium of exchange.

We need two kinds of education. One that teaches us how to make a
living and the second how to live.

Many of us get so engrossed in professional life that we neglect our
family, health, social responsibilities. And when asked why we do it,
we would reply “For our family”

 However, our kids are sleeping when we leave home. They are sleeping
when we come home! 25years later, we’ll turn back and they’ll be gone
to pursue their own dreams and lives.

Lessons from a Ship:

Without water, a ship cannot move. It needs water but if the water
gets into the ship, it will face existential problems. What was a
“means of living” becomes a “means of destruction”.

Similarly we live in time where earning is a necessity but let not the
earning enter our hearts, for what was once a means of living will
surely become a means of destruction for us as well!

So take a moment to ask yourself:
“Has the water entered my ship?”

Must Watch Ted Videos

January 5, 2013

Time and again, I find some awesome Ted Video on either facebook, twitter, Quora or the Ted website itself. But, I have always wondered, it would be good, if I can find a list of such videos, so that when I am bored or at leisure, I could see them. Since, over time I din’t find any, I thought I will make one such list and update it sporadically, hope you enjoy it.

PS : I found this, but since I have started this post, I am going to continue posting link of video, I see and like 🙂

(Note, they are not ordered. I keep appending new videos at the end.)

Ken Robinson says schools kill creativity –

Sir Ken Robinson: Bring on the learning revolution! –

Dan Pink: The puzzle of motivation –

Simon Sinek: How great leaders inspire action –

Pranav Mistry: The thrilling potential of SixthSense technology –

Helen Fisher: Why we love, why we cheat –

Jessa Gamble: Our natural sleep cycle –

Barry Schwartz: The paradox of choice –

Benjamin Zander: The transformative power of classical music –

Hans Rosling: Stats that reshape your worldview –

A collection of 15 great Ted Talks –

Martin Seligman: The new era of positive psychology –

Dan Gilbert: The surprising science of happiness –

7 Awesome TED Talks –

%d bloggers like this: